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Stellex buys electronic component specialist MSS Group

Stellex Capital Management, a middle-market private equity firm with extensive experience in industrial businesses and family successions, has made a new platform investment in the MSS Group, a supplier and manufacturer of electronic components focused on the global power industry. 

Stellex Capital Management (Stellex), a middle-market private equity firm with extensive experience in industrial businesses and family successions, has made a new platform investment in Bryden Capital Limited (BCL) and MPL Group Limited (MPL) – together the MSS Group (MSS) – a supplier and manufacturer of electronic components, focused on the global power industry. 

The financial terms of the transaction, Stellex’s second acquisition in Europe so far this year, have not been disclosed. 

Based in Manchester, United Kingdom, with manufacturing operations in India and Poland and distribution facilities in the USA and across Europe, MSS provides design, engineering, manufacturing, and distribution services to the global power industry. The company’s core sectors are Electric Transmission and Distribution, Power Storage, and High Current DC Power Systems. 

As part of the transaction, Brian Hall, MSS’s founder, and Liam Hall, MPL’s key shareholder, will reinvest in the company alongside Stellex. The current management team, including Chris Hall, Managing Director of BCL, and Liam Hall, Managing Director of MPL, will continue to lead the business, while Stellex has also appointed Hamdi Conger, a seasoned executive with previous senior experiences at companies such as Alstom and Tractel, as chairman.

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